120$ Loan defaulted by [Supreemo]

[Gladitorcomeback]

Flag supported, I don't understand his stupidity that he ruined his career for just 120$. he was accepted in Sinbad with this account and he could be accepted in other compaigns also but i think greed forced him to take a short cut. Now his both accounts tagged and he might learned lesson well. With karmamiu he could earned 120$ in two weeks.

What will happen if this user now apologize and and repay the loan , will Negative change to neutrel (asking just for learning purpose)?

Sorry to say, some of the participants of sinbad aren't sure of their slots as Royse777 opens the campaign on weekly bases. Only the green zone and some good posters are sure of their slots while others whose post quality are below the manager's expectations are replaced. It will be nice you put this into consideration for subsequent loan decisions.

The loan was not big and if he was honest then it was not a difficult task for him repay on time but unfortunately he already planned to cheat. I think it will be much better to ask for trusted collateral for all those members who are not active for years.

[Latviand]

Flag supported, I don't understand his stupidity that he ruined his career for just 120$. he was accepted in Sinbad with this account and he could be accepted in other compaigns also but i think greed forced him to take a short cut. Now his both accounts tagged and he might learned lesson well. With karmamiu he could earned 120$ in two weeks.

The fact that you're surprised people will sell their reputation at such a low low price means you're a kind person who doesn't judge people easily and assume the worst in someone but yes, some people like Supreemo are willing to go to the lowest or maybe we are judging too quickly, I've read and watched Gone Girl so I want to see both sides before I can be definite of who I will side but given the current evidences that this loan is a default, Supreemo needs some explaining to do.

[rby]

Shasan, how about you only give loan to lower-ranked members who are in the long lasting campaigns. Such as the ones controlled by Hhampuz.

Sinbad looks like one of those campaigns that is long term, but the scammer got booted out due to poor posting quality. Either way, the scammer was not willing to pay the loan, as his other alt account has been in another well paying signature campaign.

Those are the kinds of people that have bad intention towards the forum just from the first day they created their account. They must have planned to cheat and it's unfortunate Shasan is at the receiving end.
Now you bursted other of his accounts that allegedly motivated him to ruin this, he should be regretting wherever he is now. Atleast, this ended well.

Flag supported, I don't understand his stupidity that he ruined his career for just 120$. he was accepted in Sinbad with this account and he could be accepted in other compaigns also but i think greed forced him to take a short cut. Now his both accounts tagged and he might learned lesson well. With karmamiu he could earned 120$ in two weeks.

What will happen if this user now apologize and and repay the loan , will Negative change to neutrel (asking just for learning purpose)?

The loan was not big and if he was honest then it was not a difficult task for him repay on time but unfortunately he already planned to cheat. I think it will be much better to ask for trusted collateral for all those members who are not active for years.

Yes, he already planned to cheat and that was why his door of wisdom was shut and he couldn't think. Anyways, for such a low loan as $100, active signature campaign should be a collateral enough, but it's unfortunate we have born criminals who will always make lenders lose money.

[Apocollapse]

What will happen if this user now apologize and and repay the loan , will Negative change to neutrel (asking just for learning purpose)?

Yeah, why not?

As far as I can see the negative feedback he got because of defaulting loan, not because of cheating in a same campaign. If he have joined in a same campaign, then it's definitely deserve negative feedback and there's no way to forgive him.

There's no rule about how many alt accounts someone can create, so it's technically fair.

[shasan]

We feel that evidence presented here is enough to take actions.

Based on the evidence I have already taken my action.

I checked the Sinbad campaign sheet I can not find his name there which means that he wore the avatar and signature to trick shasan to accepting his loan request and without any delay he got it. What a cunning man he is.

S/he was in the signature campaign but s/he has been removed from the campaign at the date of the repayment. All are present on the post of the thread and also received the payment on 11th May I guess.

At least I've seen you create several flags on several different accounts throughout 2023, so is your business still profitable, shasan? But maybe - it's more than just business.

I am still at a loss and many people lost and stopped but I have still not stopped also not yet have any plan to stop.

You need to be more careful and don't trust members just because of their ranks or the campaigns their are part of.
Being removed from sindbad campaign is not an excuse not to repay the loan. Any honest member will do whatever he can to repay what he is due or at least contact you and explain the situation.

The fun is not too high base on rank. The user left the account as s/he has multiple accounts. But day by day it is becoming harder to achieve rank so scammers also going down and soon I think this type of scammer will run away.

Shasan, how about you only give loan to lower-ranked members who are in the long lasting campaigns. Such as the ones controlled by Hhampuz.

I usually accept anyone who is in the signature campaign except 1xbit. But I should be more aware before accepting a loan.

[avp2306]

Flag supported OP

Flag supported, I don't understand his stupidity that he ruined his career for just 120$. he was accepted in Sinbad with this account and he could be accepted in other compaigns also but i think greed forced him to take a short cut. Now his both accounts tagged and he might learned lesson well. With karmamiu he could earned 120$ in two weeks.

Yeah its so stupid decision to default on a small loan while he can earn that amount by getting cuts on sig campaigns.  But unfortunately he choose the wrong way and maybe he decide to quit to use this forum.

What will happen if this user now apologize and and repay the loan , will Negative change to neutrel (asking just for learning purpose)?

If he apologize maybe the neg tag will be erased but a neutral tag should be placed so that it reminds other people that he has a history of running away of his loan. But it this case I think its impossible for him to get back and paid the amount since he is now busted.


For lenders maybe next time or think about getting a settlement to the campaign managers who handle them and automatically deduct their signature earnings weekly so that you can get payments on the loan they get.

[UmerIdrees]

Supreemo was in the campaign while I accepted the loan request of Supreemo. But probably on 11th May Supreemo has been removed for a low number of posts or low-quality posts. I think Supreemo has alternative accounts and does not worry about the account also s/he thinks s/he might not be accepted on any other campaign and that's why s/he defaulted on the loan. But I do not think any wise full member should do like this.

I would call this a stupid act from Supreemo as he could have earned a lot more money than 100$ from his full member account if it was not tagged. You may call it an act of stupidness or greediness.

This 100$ will not make him rich but surely since you are providing the loans and helping people, it does matter to you. I just don't know why these scammers don't have a heart ? Why they don't have emotions and why they don't know that today they scam anyone, someday others will scam them.

[khaled0111]

I usually accept anyone who is in the signature campaign except 1xbit. But I should be more aware before accepting a loan.

This is your mistake. As I said above, just because a member is part of a signature campaign doesn't mean he can be trusted. You should always keep this in mind! You have been here for too long and am sure you remember the case whan many high ranked/trusted members were busted for being alt accounts. Some of them were part of the highest paying sig campaign, back in the time.
Anyway, I hope some of the defaulters will have some integrity and repay what you owe them.

[shasan]

This is your mistake. As I said above, just because a member is part of a signature campaign doesn't mean he can be trusted. You should always keep this in mind! You have been here for too long and am sure you remember the case whan many high ranked/trusted members were busted for being alt accounts. Some of them were part of the highest paying sig campaign, back in the time.
Anyway, I hope some of the defaulters will have some integrity and repay what you owe them.

My observation is that no one with a single account will default such a small amount which is evidence of the defaulter. But it is not an easy way to find out who has an alt account and who has not. On the forum, we can't nothing judge which can save us. I have seen two users defaulted on the loan of Direwolf who has good rank as well as merit ranking but defaulted. So, we have nothing except to accept this type of loss until there are alternative accounts that are decreasing by being banned and defaulting on loan.

[coin-investor]

This 100$ will not make him rich but surely since you are providing the loans and helping people, it does matter to you. I just don't know why these scammers don't have a heart ? Why they don't have emotions and why they don't know that today they scam anyone, someday others will scam them.

Lending is a very risky business but hats off to Shasan for taking the initiatives and the risk to lend people who are in dire needs of funds when they cannot get it offline, I hope Shasan can keep up, those who loan should understand that they ask for loan because the lender trust them its not only the profit but the trust, I hope Shasan can continue with this business we need this if you are in an emergency and you cannot come up with the funds and you have a reputable account here in this forum the likes of Shasan is a big help.

[rat03gopoh]

My observation is that no one with a single account will default such a small amount which is evidence of the defaulter. But it is not an easy way to find out who has an alt account and who has not. On the forum, we can't nothing judge which can save us. I have seen two users defaulted on the loan of Direwolf who has good rank as well as merit ranking but defaulted. So, we have nothing except to accept this type of loss until there are alternative accounts that are decreasing by being banned and defaulting on loan.

It might be better for you to tighten the loan rules for new borrowers which aern't prominent users (if you agree to their proposal), eg limiting them to a smaller amount eg $50 or less for a few trial loans until you have cleared any doubt that the user won't try cheat.

It seems that the user's status as a promoter of a certain campaign is no longer a reliable guarantee to give them a loan especially if they have only been accepted for a few weeks, the fact is that we don't know whether the campaign salary is only their main or side income.

[shasan]

t might be better for you to tighten the loan rules for new borrowers which aern't prominent users (if you agree to their proposal), eg limiting them to a smaller amount eg $50 or less for a few trial loans until you have cleared any doubt that the user won't try cheat.

It seems that the user's status as a promoter of a certain campaign is no longer a reliable guarantee to give them a loan especially if they have only been accepted for a few weeks, the fact is that we don't know whether the campaign salary is only their main or side income.

I really highly appreciate your observation and opinion. But there is a lot of scammer with a lot of scamming technique. Few users may overcome your opinion as they try to take small loans and day by day increase the loan amount. Finally, try to take a large amount and default on the loan. For reference, you can see Continuous, meatmeat and many more. These users took a lot of loans and finally defaulted on the loan.

[Agbe]

This is very bad of him. This are the people who not ready to repent from crime. As it is he is a serious criminal I'm real life. And he will never make it in life if this is what he does for a living. This is a very bad lifestyle. Shasan please next time thoroughly investigate the person small before issueing the loan out. If possible go to the local board and ask their leader there if possible because in business there is a big risk. So in physical life of this business lenders give form to borrowers to fill and since this is an online loan without kyc, still cross check the user profile, his post history and how long the person has been in the forum. Just a suggestion. Sorry for the lost. I pray you should recover it.

[judeafante]

That $120 is the worth of his value here in Bitcointalk for him to default on a loan, he is not logging in anymore I guess he is overwhelmed by the competition here that he believes that he cannot get into a campaign anymore so he screws up his account, the opinion that he has other accounts may be true he doesn't need this account anymore, that's one of the risks of offering a loan you have no expectation on the character of the borrower.

[CryptSafe]

that's one of the risks of offering a loan you have no expectation on the character of the borrower.

Absolutely right mate. Not to talk of when this platform is filled with anonymous persons who you have no clues who they are in their real life  both past and current. If it were to be possible for borrowers here to pass a kyc test before requesting for a loan that would have be better rather than being anonymous hiding behind to scam funds and run away with it but this platform frowns at such and wants to remain anonymous likewise everyone here.
So I guess the only collateral one would need for the loan is their platform account which seems to have grew through ranks to enable them do so but these days from what has happened, borrowers with no conscience does the unthinkable and damn it, they have their way and no one can be able to trace them since they are anonymous.

OP, I gave an opinion my previous post and again I am also sharing the second. How about you putting up a policy that anyone who wants to take a lone must have a reputable member or a high rank member from the rank of a snr. member to vouch or stand in as a surety or  if the borrower is promoting any campaign, the campaign manager should be able to sign a signature that the borrower is in his or her campaign and if they default, their weekly payments would be transferred to the lender.

 Lastly, the borrowing amount should be graded according to ranking as per payment level so that  no one borrows more than they earn in one or two weeks put together. @shasan

[lovesmayfamilis]

OP, I gave an opinion my previous post and again I am also sharing the second. How about you putting up a policy that anyone who wants to take a lone must have a reputable member or a high rank member from the rank of a snr. member to vouch or stand in as a surety or  if the borrower is promoting any campaign, the campaign manager should be able to sign a signature that the borrower is in his or her campaign and if they default, their weekly payments would be transferred to the lender.

I find this somewhat strange. Why should other people take responsibility for the actions of another user? You contradict yourself. Here on the forum, no one knows what a person did, who he was in the past, and so on. But at your suggestion, our managers should, whenever someone wants to borrow money, become guarantors for them. Have you put yourself in the shoes of these people? Why should anyone care about other people's problems?

[Little Mouse]

What will happen if this user now apologize and and repay the loan , will Negative change to neutrel (asking just for learning purpose)?

Yeah, why not?

Lol, I don't think it's going to happen here. He has been caught with so many alts and now to save his alts, if he wants to send the defaulted fund back, that doesn't make him honest. It will be a fraudulent activity on top of cheating.

My observation is that no one with a single account will default such a small amount which is evidence of the defaulter. But it is not an easy way to find out who has an alt account and who has not. On the forum, we can't nothing judge which can save us. I have seen two users defaulted on the loan of Direwolf who has good rank as well as merit ranking but defaulted. So, we have nothing except to accept this type of loss until there are alternative accounts that are decreasing by being banned and defaulting on loan.

I see a service opportunity here. Someone can offer a Credit Rating service here for a % fee from the lender. Though it's risky considering the service provider is liable for a defaulted loan.

[pakhitheboss]

My observation is that no one with a single account will default such a small amount which is evidence of the defaulter. But it is not an easy way to find out who has an alt account and who has not. On the forum, we can't nothing judge which can save us. I have seen two users defaulted on the loan of Direwolf who has good rank as well as merit ranking but defaulted. So, we have nothing except to accept this type of loss until there are alternative accounts that are decreasing by being banned and defaulting on loan.

It is not your fault! Who could ever realize that a member  would default a $100 loan. Next time do check their activities for a at least a year before agreeing to any loan request. If they are active every day then the chances of them defaulting would be less. This is not a fixed solution but it will give you reassurance. I hope this low life comes back and repays the amount he owns you.

[shasan]

I see a service opportunity here. Someone can offer a Credit Rating service here for a % fee from the lender. Though it's risky considering the service provider is liable for a defaulted loan.

For non-collateral loans, no one knows who will repay or not so I do not think any user will try to open such a service as the service provider will be responsible for defaulting the loan. Many reputed members with high-quality posts and merit defaulted loans. So, it is always risky.

It is not your fault! Who could ever realize that a member  would default a $100 loan. Next time do check their activities for a at least a year before agreeing to any loan request. If they are active every day then the chances of them defaulting would be less. This is not a fixed solution but it will give you reassurance. I hope this low life comes back and repays the amount he owns you.

You are right but if we try to check ins and outs then a lot of users will not be able to get non-collateral loans but of them few might be really needy borrowers. So, for a few stupid people, I do not want to punish innocent people.

[ScamViruS]

It is not your fault! Who could ever realize that a member  would default a $100 loan. Next time do check their activities for a at least a year before agreeing to any loan request. If they are active every day then the chances of them defaulting would be less. This is not a fixed solution but it will give you reassurance. I hope this low life comes back and repays the amount he owns you.

In this forum we have seen Legendary rank users also defaulted with little funds which was very unexpected. Because if those users were active in the forum, they could have paid those loans by participating in the signature campaign. So think about how many things lenders have to think about, even if they consider lending to a user, there is no guarantee that he will not default. So lenders should always be aware of this risk, lenders have experience after seeing the activities of many users in the past.